LIMITED LIABILITY COMPANY
Looking forward to start a Limited Liability Company in Qatar?
Determining which type of company is right for you is your first step. Selecting the right corporate structure is ours.
According to commercial company legislation, the firm/business must have its headquarters in Qatar. The firm can take several forms depending on its size, collaborating entities, and necessary structure – as part of a bigger group or as a holding company. A foreigner can create many kinds of companies in Qatar. Let’s have a look at the different types of companies that may be formed in Qatar
- Limited Liability Company L.L.C
- Companies with Shareholders
- Limited Shares Partnership Company
- Joint Venture Company
- Public Shareholding Company
- Limited Shares Partnership Company
What is the difference between a Limited Liability Company(LLC) and a With Limited Liability(WLL) company in Qatar?
The most frequent and de-facto kind of corporation in Qatar is a Limited Liability Company, or LLC (or WLL). Qatari nationals must hold the majority of the firm in an LLC, with their shares totaling 51 percent. In an LLC, a foreign national can own up to 49 percent of the firm. Currently, the government allows 100% foreign ownership in specific categories of businesses including agriculture, manufacturing, health, education, tourism, and so on, but these business setups must be approved by the Ministry of Economy and Commerce.
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Limited Liability Company(LLC) Qatar company formation Qatar company formation
In Qatar, the most advantageous corporate structure is the Limited Liability Company (LLC).
There are several benefits to establishing a Limited Liability Company LLC in Qatar, including:
- There are no restrictions on the number of items and services that the corporation can sell.
- Recognition as a local corporation, frequently allows the entity to participate in a greater number of government and commercial bids.
- Tax due will not be imposed on the firm.
In Qatar, the limited liability corporation is a popular corporate structure. It is appropriate for small to medium-sized firms and provides a handy level of investment protection. Investors who want to establish a limited liability company in Qatar should be aware of the country’s special rules regarding foreign business ownership.
Connect with one of our company registration agents in Qatar for more information on the requirements for WLL company formation in Qatar. Our consultants can provide you with information about licensing laws. One of these essential licenses is the trade license, which is also given by the Ministry of Economy and Commerce.
Why choose Limited Liability Company (LLC) in Qatar?
01. Simple Registration
In Qatar, a limited liability corporation can be formed with at least two shareholders. The Articles of Association are the primary papers of the LLC in Qatar, and we can simply create them for you.
02. Quick Approvals
Qatar’s regulators respond quickly to foreign investments of any type, making it simple to set up an LLC. In this regard, our company formation agents in Qatar can assist.
03. Complete Control Of The Company
Because the need of having a local partner has been lifted, foreign investors can now own 100% of their company. One can exercise entire authority over his or her business in Qatar.
04. Low Taxation
Qatar’s corporate income tax is set at 10%, making it one of the lowest in the world. Special VAT tax rates will be applied to certain products and services, and exemptions may be involved.
05. A Favorable Business Climate
Qatar provides a plethora of commercial prospects to both domestic and foreign enterprises. Along with tourism, agriculture, information technology, and engineering, the oil and gas industry is particularly enticing.
